International Finance Corporation (IFC)

Company description

The International Finance Corporation (IFC) is an international financial institution that offers investment, advisory, and asset management services to encourage private sector development in developing countries. The IFC is a member of the World Bank Group and is headquartered in Washington, D.C., United States. It was established in 1956 as the private sector arm of the World Bank Group to advance economic development by investing in strictly for-profit and commercial projects that purport to reduce poverty and promote development.

Company details

City:
Washington
Address:
2121 Pennsylvania Avenue, NW Washington, DC 20433 USA

Participation in projects

Projects Transactions
List of the updates in which the company was involved

Company updates

  • December 02, 2022

    IFC finances US$25mn to support Peru's Climate Goals

    International Finance Corporation (IFC) will fund Peru with US$25 million. The sum will help the country access climate finance, improve its environmental impact, and promote a greener financial secto...

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  • December 01, 2022

    AMEA Power closes US$1.1bn financing for 1 GW of Egyptian wind and solar projects

    AMEA Power has achieved the financial close to delivering 1 GW of renewable energy projects in Egypt. The company's clean energy portfolio in the country now totals 2 GW after investing US$1.1 billion...

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  • November 15, 2022

    Alcazar Energy Partners II reaches US$336.6m first close

    Alcazar Energy Partners II (AEP II), a sustainable infrastructure fund focused on utility-scale renewable energy projects in emerging markets, has reached the first closure of US$336.6 million. T...

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  • October 27, 2022

    Invenergy commissions 380 MW LNG-to-power project in El Salvador

    Invenergy has begun commercial operations at the 380 MW Energa del Pacfico (EDP) LNG-to-power project at the Port of Acajutla in El Salvador.

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  • September 30, 2022

    IFC, IDB support development of 50 MW solar-plus-green hydrogen and battery complex in St Philip

    IFC and IDB Invest are collaborating with Hydrogène de France (HDF) and Rubis to support the development of the 50 MW Renewstable Barbados solar project with green hydrogen and lithium-ion batt...

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  • September 08, 2022

    Financing received for 500 MW Onshore wind farm in Uzbekistan

    International Finance Corporation (IFC) has finalized an agreement to finance the 500 MW Zarafshon onshore wind project located in the Navoi region, Uzbekistan.

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  • September 07, 2022

    Malawi Government, IFC, Scatec JV and EDF sign a binding agreement to develop a 350 MW hydropower project

    The Government of Malawi, International Finance Corporation (IFC), Scatec and EDF have signed a binding commercial agreement to co-develop the 350 MW Mpatamanga hydroelectric power plant project that...

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  • August 19, 2022

    JERA invests in Gia Lai Electricity JSC

    JERA Co., Inc. has secured a share purchase agreement with International Finance Corporation (IFC) and Armstrong S.E. Asia Clean Energy Fund Pte. Ltd in order to buy a 35.1% stake in Gia Lai Electrici...

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  • May 23, 2022

    IFC signs deal to support 1.5 GW hydropower project in Mozambique

    The International Finance Corporation (IFC) and the Ministry of Mineral Resource and Energy (MIREME) of Mozambique have entered into a collaboration to develop a 1,500 MW hydroelectric power proj...

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  • May 16, 2022

    AMEA Power reaches financial close on 26.6 MWp solar PV power plant in Zina

    The 26.6 MWp Zina solar PV power plant in Burkina Faso has officially reached a financial close, according to AMEA Power.  Zina Solaire, a project firm wholly owned by AMEA Power, is building th...

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